With medical debt burdening one in five Americans and causing over 60 percent of bankruptcies, it’s no wonder there’s been a political and populist outcry over health care! As employers begin trimming health coverage and...
When homeowners fall behind on their mortgage payments, the threat of a foreclosure or bankruptcy becomes overwhelming. To avoid these problems, many homeowners decide to pursue a short sale. Despite the name, short sales can...
Choosing a Credit Counseling Agency
According to a recent survey released by Reuters, over two-thirds of American households are living paycheck to paycheck. And the consumer debt statistics are just as bleak. With so many Americans struggling to develop a...
Analysis: Consumer Debt Up in 2013
According to the latest reports by the Federal Reserve, US consumer debt is up in 2013. During the month of January alone, debt was up $16.2 billion. This brings the national total to $2.8 trillion, a new record. The two...
Top 7 Causes for Foreclosures
Though the United States is recovering economically, millions still face the ultimate American nightmare: foreclosure. Regardless of income level or neighborhood, foreclosures can happen anywhere and affect anyone. The...